AFX9641

Business finance ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: To be advised

Offered:
Caulfield First semester 2006 (Day)
Caulfield First semester 2006 (Evening)
Caulfield SA-02 2006 (On-campus)
Hong Kong SA-02 2006 (Off-campus)
Caulfield Second semester 2006 (Day)
Caulfield Second semester 2006 (Evening)

Synopsis: This unit provides an introduction to corporate finance. Topics covered include financial mathematics, valuation of shares and bonds, capital budgeting, risk and return, asset pricing models, efficient market theory, cost of capital, dividend policy, and leverage and capital structure policy.

Objectives: Topics covered include theory of valuation, capital budgeting, risk and return, efficient market theory, cost of capital, and dividend policy.

Assessment: Class exercises: 20% + Examination (3 hours): 80%

Contact Hours: 3 hours per week

Prerequisites: AFX9500, AFX9510

Prohibitions: AFF9641